pdvWireless Inc (NASDAQ:PDVW) major shareholder Owl Creek Asset Management, L. purchased 6,403 shares of the firm’s stock in a transaction that occurred on Wednesday, January 3rd. The stock was bought at an average price of $31.93 per share, for a total transaction of $204,447.79. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Owl Creek Asset Management, L. also recently made the following trade(s):

  • On Saturday, December 29th, Owl Creek Asset Management, L. purchased 200 shares of pdvWireless stock. The stock was bought at an average price of $32.00 per share, for a total transaction of $6,400.00.
  • On Wednesday, December 6th, Owl Creek Asset Management, L. purchased 61,329 shares of pdvWireless stock. The stock was bought at an average price of $31.98 per share, for a total transaction of $1,961,301.42.
  • On Friday, December 8th, Owl Creek Asset Management, L. purchased 99,409 shares of pdvWireless stock. The stock was bought at an average price of $31.91 per share, for a total transaction of $3,172,141.19.
  • On Thursday, November 30th, Owl Creek Asset Management, L. purchased 76,417 shares of pdvWireless stock. The stock was bought at an average price of $31.84 per share, for a total transaction of $2,433,117.28.
  • On Wednesday, November 15th, Owl Creek Asset Management, L. purchased 26,863 shares of pdvWireless stock. The stock was bought at an average price of $30.54 per share, for a total transaction of $820,396.02.
  • On Thursday, November 9th, Owl Creek Asset Management, L. bought 9,309 shares of pdvWireless stock. The shares were acquired at an average price of $29.95 per share, for a total transaction of $278,804.55.
  • On Monday, November 13th, Owl Creek Asset Management, L. bought 19,578 shares of pdvWireless stock. The shares were acquired at an average price of $29.61 per share, for a total transaction of $579,704.58.
  • On Friday, November 3rd, Owl Creek Asset Management, L. bought 14,749 shares of pdvWireless stock. The shares were acquired at an average price of $29.26 per share, for a total transaction of $431,555.74.
  • On Tuesday, November 7th, Owl Creek Asset Management, L. bought 25,257 shares of pdvWireless stock. The shares were acquired at an average price of $29.56 per share, for a total transaction of $746,596.92.

Shares of pdvWireless Inc (PDVW) traded down $0.85 during trading on Wednesday, hitting $31.90. 14,851 shares of the stock were exchanged, compared to its average volume of 16,550. pdvWireless Inc has a 12 month low of $18.70 and a 12 month high of $36.00. The company has a market cap of $463.46, a P/E ratio of -12.27 and a beta of 0.51.

Institutional investors have recently modified their holdings of the company. Dimensional Fund Advisors LP bought a new stake in shares of pdvWireless during the 3rd quarter worth approximately $212,000. State Board of Administration of Florida Retirement System bought a new stake in shares of pdvWireless during the 3rd quarter worth approximately $215,000. The Manufacturers Life Insurance Company lifted its holdings in shares of pdvWireless by 5.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 8,171 shares of the wireless provider’s stock worth $190,000 after acquiring an additional 448 shares during the period. Teachers Advisors LLC lifted its holdings in shares of pdvWireless by 2.2% during the 2nd quarter. Teachers Advisors LLC now owns 18,031 shares of the wireless provider’s stock worth $420,000 after acquiring an additional 391 shares during the period. Finally, Schwab Charles Investment Management Inc. lifted its holdings in shares of pdvWireless by 0.6% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 33,852 shares of the wireless provider’s stock worth $789,000 after acquiring an additional 209 shares during the period. 91.97% of the stock is owned by institutional investors.

PDVW has been the topic of a number of analyst reports. BidaskClub lowered shares of pdvWireless from a “strong-buy” rating to a “buy” rating in a research report on Thursday, December 21st. B. Riley restated a “buy” rating and set a $59.00 target price on shares of pdvWireless in a research report on Friday, December 15th. Zacks Investment Research upgraded shares of pdvWireless from a “hold” rating to a “buy” rating and set a $36.00 target price on the stock in a research report on Wednesday, October 18th. Finally, ValuEngine upgraded shares of pdvWireless from a “sell” rating to a “hold” rating in a research report on Sunday.

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pdvWireless Company Profile

pdvWireless, Inc, formerly Pacific DataVision, Inc, is a wireless communications carrier and a provider of mobile workforce communication and location-based solutions. The Company’s solutions focus on enhancing the productivity of its customers’ field-based workers, and the efficiency of their dispatch and call center operations.

Insider Buying and Selling by Quarter for pdvWireless (NASDAQ:PDVW)

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